Highlights: October 26, 2020 - November 1, 2020
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Coca-Cola's European partner ready to give A$9.28 billion for Australian Coca-Cola Amatil
The Coca-Col's European bottler has made a A$9.28 billion ($6.5 billion) buyout approach for Australian peer Coca-Cola Amatil....Cenovus to buy Husky Energy in $23.6 billion deal
Cenovus Energy will buy Husky Energy in an all stock transaction valued at $23.6 billion, the Calgary based companies said Sunday in a joint announcement....Hyundai Q3 operating loss $277 m
Hyundai reported a third quarter operating loss of 313.8 billion Korean won ($277 m), compared to profit of 378.5 billion won, a year ago....Bayer to acquire Asklepios BioPharmaceutical for as much as $4 billion
Bayer agreed to acquire Asklepios BioPharmaceutical Inc. for as much as $4 billion....SAP Q3 profit up 31%
SAP reported that its third quarter profit after tax rose 31% to 1.65 billion euros from last year's 1.26 billion euros....CF Bankshares Q3 net income increased 289%
CF Bankshares, the parent of CFBank, announced financial results for the third quarter ended September 30, 2020....Putin requests banning inspections of small business by December 31, 2021
Russian President Vladimir Putin tasked the government with amending legislation to extend the ban on planned inspections of small business until December 31, 2021, according to a list of requests released on the Kremlin website on Monday....AMD buying Xilinx for 35 billion dollars
AMD is buying Xilinx for 35 billion dollars in an all stock deal....Santander Q3 profit 249% improved
Santander attributable profit in the third quarter was 1,750 million euros, 249% more than at Q3'19, owing to a non-cash goodwill impairment and other charges in 2019....Exact Sciences to acquire Thrive Earlier Detection in deal worth up to $2.15 billion
Exact Sciences said Tuesday it has agreed to acquire Thrive Earlier Detection in a cash and stock deal worth up to $2.15 billion....Deutsche Bank turns to profit in Q3
Deutsche Bank reported that its third quarter profit attributable to shareholders was 182 million euros, compared to last year's loss of 942 million euros....Boeing Q3 revenues $14.1bn, will cut large number of jobs
For the three months to September, Boeing posted revenues of $14.1bn....UPS aims to sign up 50,000 during UPS Brown Friday hiring events
UPS announced that it expects to sign up at least 50,000 seasonal employees this Friday, October 30, in its annual one day UPS Brown Friday hiring blitz across the country....eBay Q3 revenue up 25%
eBay reported financial results for its third quarter ended September 30, 2020....Tiffany to be acquired in more than $15 billion deal
France's LVMH will pay slightly less to acquire U.S. jeweler Tiffany after the two companies agreed to end a dispute....Samsung Electronics Q3 net profit up significantly
Samsung Electronics reported Thursday that its third quarter net profit attributable to shareholders increased to 9.27 trillion Korean won ($8.2 billion) from last year's 6.11 trillion won....Volkswagen earnings decline
Volkswagen on Thursday posted lower third quarter earnings and revenue but said that it noticed a clear recovery in the period....Scotland GDP falls 19.4%
Scotland's GDP is confirmed to have fallen by an unrevised rate of 19.4% during Quarter 2, according to statistics announced by the Chief Statistician....Comcast Q3 profit declines 37%
Comcast on Thursday reported a 37 percent decline in profit for the third quarter from last year....ConocoPhillips slips to loss in Q3
ConocoPhillips reported a third quarter 2020 loss of $0.5 billion compared to earnings of $3.1 billion in the third quarter 2019....Royal Caribbean Q3 adjusted net loss $1.2 billion
Royal Caribbean Group reported financial results for the third quarter of 2020....Exxon to cut 1,900 U.S. jobs
Exxon plans to reduce staffing levels in the United States, primarily at its management offices in Houston, Texas....Virginia launches largest $3.8 billion infrastructure project in Commonwealth's history
Governor Ralph Northam joined the Virginia Department of Transportation (VDOT) and state and local leaders to break ground on the Hampton Roads Bridge-Tunnel (HRBT) Expansion Project....Revalation Vineyards to invest more than $2.3 million in Virginia
Revalation Vineyards will invest more than $2.3 million to build a new wine production facility, tasting room, and event space in Madison County. ...BioAgilytix Labs will create 878 jobs in Durham, North Carolina
BioAgilytix Labs, LLC will create 878 jobs and invest $61.5 million in Durham, Governor Roy Cooper announced....Amazon Q3 operating cash flow increased 56%
Amazon announced financial results for its third quarter ended September 30, 2020....Weyerhaeuser Q3 net earnings net sales $2.1 billion
Weyerhaeuser reported third quarter net earnings of $283 million on net sales of $2.1 billion....Inspire Brands to acquire Dunkin' Brands in $11.3 billion transaction
Inspire Brands and Dunkin' Brands announced that they have entered into a definitive merger agreement under which Inspire will acquire Dunkin' Brands for $106.50 per share in cash in a transaction valued at approximately $11.3 billion including the assumption of Dunkin' Brands' debt.... ■